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A security company offers to provide CCTV coverage for a parking garage for ten years for an initial payment of $50,000 and additional payments of
A security company offers to provide CCTV coverage for a parking garage for ten years for an initial payment of $50,000 and additional payments of $30,000 per year. What is the equivalent annual annuity of this deal, given a cost of capital of 7%? O A. - $37,119 B. -$29,695 C. - $22,271 OD. - $25,983
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